Homes for sale - 1166 E Adams BLVD, Los Angeles, CA 90011

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Dec

Thu

Dec

Fri

Dec

Carlos Orellana

carlos@orellana.com +1(661) 916-0328

$799,000

Est. payment - /mo

6 Beds

3 Baths

2,299 SqFt

Save

UPDATED:

12/15/2024 10:26 PM

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,299 sqft

Price per Sqft $347

MLS Listing ID 24436503

Bedrooms 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1905

Lot Size 6,237 Sqft

Property Description

Rent Increases from November 2024! Tenants pay all utilities! Explore a lucrative investment with this strategically located 3-unit income property; situated just south of Downtown Los Angeles (DTLA). Perfectly positioned, this property is a short 6-minute drive to USC, making it an attractive option for students and professionals alike. Each of the three units offers a spacious layout with 2 bedrooms and 1 full bath. The front building was fully reimagined in 2019, featuring contemporary upgrades that include modern kitchens with stainless steel appliances, stylish bathrooms, and fresh flooring throughout. The back building has been expertly converted from a garage into a comfortable 2-bedroom, 1-bathroom unit, also fully renovated in 2019. This unit provides additional rental potential and complements the front building's appeal. Enjoy the convenience of being just minutes away from FWY, USC, and DTLA, with easy access to public transportation, shopping, dining, and entertainment. This location is highly desirable for renters seeking proximity to major urban amenities. Tenants pay all utilities. With its recent renovations, high-demand location, and stable rental income, this property presents an excellent investment opportunity. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are before tenants moved in.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR2

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Flooring Laminate

Fireplace No

Exterior

Parking Features Driveway, Gated, Uncovered

Community Features Gated

Total Parking Spaces 5

Building

Faces South

Story 1

Entry Level One

Sewer Sewer Tap Paid

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5119012004

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

Read Less Info

Listed by Tiffany Sung Park • Keller Williams Larchmont

GET MORE INFORMATION

Carlos Orellana

+1(661) 916-0328

Broker | License ID: 01759064

Broker License ID: 01759064

1166 E Adams BLVD Los Angeles, CA 90011

Carlos Orellana

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION